http://www.huffingtonpost.co.uk/2014/03/14/theo-paphitis-payday-loans_n_4963602.html?utm_hp_ref=uk Theo Paphitis Slams 'Morally Bankrupt' Payday Lenders Former Dragons' Den star Theo Paphitis These "Payday loan" providers are nothing more than loan sharks. Usury is a thriving business which should be banned by legislation. However, it seems that the Conservative party receive significant contributions from these parasite companies which make any form of legal restrictions on their activities a very remote prospect.
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http://www.mirror.co.uk/news/uk-news/david-camerons-young-sidekick-claims-1852193 Liam Walker claims families use food banks so they can spend cash in the pub A young sidekick of David Cameron has claimed hard-up families are turning to food banks because they’ve wasted their money on booze. Liam Walker and David Cameron A vile and despicable comment demonstrating yet again, how out of touch and insensitive the hierarchy of the Conservative party actually are. Liam Walker, Chair of the Conservative Future, Witney, joins Iain Duncan-Smith, Nadhim Zahawi, Rupert Charles Ponsonby, David Anthony Freud and numerous other Tory ministers and MPs' who have consistently belittled the work of Foodbanks and demonised the people who, due to ConDem coalition government policies, are now reliant on the charities for food to feed their families. In this first quarter of the 21st Century, it is an outrage that there is a need for such charities and it is to th...
http://www.theguardian.com/society/2013/dec/22/my-first-year-food-bank-organiser My first year as a food bank organiser 'I love the work' … Ruth Fox at the food bank at East Cleveland Baptist Church in Redcar. The following text is from today's (23rd December 2013) Guardian and is reproduced in full: "I resisted getting involved with the food bank at first. The minister at my church kept asking me, but I had managed a charity for homeless young people and was looking for something with a little less responsibility. Finally, at the end of last year, I said yes. We opened on 30 January, and it's the best thing I've ever done. When we started, we knew there was a need, but had no idea how much. We quickly realised we needed more distribution centres, because people were walking nine, 10, 11 miles for their food parcel, then home, struggling with the bags. That's not just people wanting free food, is it? It's desperation. ...
http://www.huffingtonpost.co.uk/2013/12/21/christmas-shoppers-flock-to-high-streets-across-britain_n_4486149.html?utm_hp_ref=uk Christmas Shoppers Flock To High Streets Across Britain Christmas in the high street Austerity Britain. We should wonder how much of this "Christmas Shoppers Flock To High Streets" is being funded by Barclaycard and/or the usury companies of the "Payday loan" industry. We might also consider that this Christmas, more than 1 million people will be taking payday loans to put food on their table on December 25th and countless others will be collecting their Christmas day meals from the local Foodbank. Preparing Christmas dinner? It will be interesting to learn sometime early next year, how many of these high street stores will be proudly announcing "record sales over the holidays" with increased profits ! If these companies can discount prices by 50% or even more and still make profit, then why are...
http://www.theguardian.com/money/2013/nov/10/payday-loans-ads-childrens-tv-labour-ed-miliband Labour would force payday loan ads off children's TV Ed Miliband: ads are bad for families It is a stunning indictment of Payday loan companies and the people who run them, that their greed and cynicism extends to advertising these loans on children's television, knowing all too well that such loans are available only to those aged 18 or over. Targeting parents through their children to take out such loans shows the depths to which the parasitic money lenders will sink to "grow their business" and the callous attitude to that this present government has in allowing such malpractice to take place. Miliband says that he will force these parasites off children's television by legislation if necessary, should the Advertising Standards Authority fail to act. The companies have demonstrated time and time again that they are incapable of, or even have the inc...
http://www.huffingtonpost.co.uk/2013/11/03/80000-children-to-spend-c_n_4208853.html?1383550880&utm_hp_ref=uk More than 80,000 children in the UK will spend this Christmas homeless 21st Century Britain 80,000 children on the streets, one million households using "Pay day loan" sharks, 750,000 people reliant on Foodbanks. All just part of the misery that is Great Britain in the winter of 2013. Add to this the households facing fuel poverty due to the excesses of the energy companies or the households where overcrowding is a major problem due to the failure of governments to address the housing crisis. The neglect of successive governments over many years compounded now by the ConDem coalition with their drive for "austerity", has created this situation and we should all feel shame for allowing it to happen. In the first quarter of the 21st Century, Britain is becoming a nation where self interest and indifference in many parts of society, not ...
http://www.independent.co.uk/money/loans-credit/payday-loans-defended-by-new-consumer-champion-8906441.html Payday loans defended by new consumer champion Sue Lewis, head of the FCA consumer panel Sue Lewis, the new chair of a City watchdog for consumers, is clearly living in a world of her own creation. The example of a £50 charge on her credit card for a meal as being no different than the usury practiced by many if not all of the so called "Payday loan" companies in the high street or on the internet, is both facile and patronising. To the vast majority of those having to resort to the "services" of these parasitic money lenders, the notion of paying £50.00 for a meal is completely scandalous when they may have only that amount for food for a week or even a fortnight to feed their families. A sample of the payday loan companies Only recently, Wonga one of the biggest money lending companies reported profits of £84...